Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / August 17, 2010, 4:40 pm

Clemson QB Kyle Parker reaches deal with Colorado Rockies

Clemson quarterback Kyle Parker has reached a deal with the Colorado Rockies late Monday. According to The Post and Courier (Charleston, S.C.), Parker and Rockies agreed to the deal which included a $1.4 million signing ... (Source: Orlando Sentinel (blog) 2010-08-17T14:10:52Z)

Kyle Parker agrees to deal with Colorado Rockies at deadline, will continue to play ...

Bartram Trail High graduate Kyle Parker, who turned down an earlier offer from the Colorado Rockies to continue to play football at Clemson, agreed to a contract with the Rockies late Monday. The contract ... (Source: Florida Times-Union 2010-08-17T14:46:39Z)

Medco expands research efforts with $730M deal for trial technology developer United ...

NEW YORK (AP) — Pharmacy benefits manager Medco Health Solutions Inc. says it will buy United BioSource Corp., which develops technology used in clinical trials and patient monitoring, for $730 million in ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-16T12:17:31Z)

Brian Westbrook Signs with 49ers

The former Eagle, Brian Westbrook, has signed a one year deal with the San Francisco 49ers with $1.25 million guaranteed, but it's not about the money for Westbrook. He just wants to be on a winning team. The ... (Source: Gather.com 2010-08-17T16:55:30Z)

Judge Rejects $75M SEC, Citigroup Deal

Law360, New York (August 16, 2010) -- A judge has reportedly refused to sign off on the U.S. Securities and Exchange Commission's $75 million settlement with Citigroup Inc. over the bank's alleged failure to fully ... (Source: site.law360.com 2010-08-17T00:27:39Z)

Major stores report profits, but sometimes even deep discounts aren't enough

NEW YORK – A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days ... (Source: FOX News 2010-08-17T21:06:02Z)

Stores finding deep discounts aren't enough

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are ... (Source: AP - msnbc.com 2010-08-17T21:13:12Z)

Judge Calls Settlement With Barclays 'a Sweetheart Deal'

WASHINGTON (Reuters) — The British banking giant Barclays received a "sweetheart deal" from the Justice Department in a proposed settlement of criminal charges that accuse the bank of violating federal ... (Source: New York Times 2010-08-17T19:47:18Z)

Tech Ticker: Intel, net neutrality, Microsoft Xbox

Intel, the Santa Clara semiconductor giant, will buy a Texas Instruments unit that makes chips for cable modems, the two rivals announced Monday. Financial terms weren't disclosed, but Intel said the deal will ... (Source: San Jose Mercury News 2010-08-17T15:58:14Z)

TJX says 2nd-quarter profit climbs almost 17 percent as sales, customer traffic rise

Shoppers head into the TJ Maxx store in Barre, Vt., Monday, Aug. 16, 2010. TJX Cos. saTuesday, Aug. 17, its second-quarter net income rose more than 16 percent as sales climbed and more customers came to its stores to ... (Source: KFOR 2010-08-17T14:25:11Z)

Deep discounts by retailers not enough for some shoppers

NEW YORK — A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Wal-Mart shoppers to bite these days, and ... (Source: Colorado Springs Gazette 2010-08-17T22:10:28Z)

Report: Cowboys considered ex-Eagles RB Westbook

Brian Westbrook so wants to be part of a winning team that he accepted a backup job across the country with the San Francisco 49ers. The 49ers signed the free agent running back to a one-year deal Monday with ... (Source: Dallas Morning News 2010-08-17T16:48:20Z)

Intel to buy cable-modem business from Texas Instruments

Intel, the Santa Clara semiconductor giant, will buy a Texas Instruments unit that makes chips for cable modems, the two rivals announced today. Financial terms weren't disclosed, but Intel said the deal will ... (Source: San Jose Mercury News 2010-08-16T16:42:22Z)

Aviator reaches deal to halt discharge _ for now

BOISE, Idaho (AP) - An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from ... (Source: Fox12Idaho 2010-08-17T20:30:15Z)

PREVIEW-UPDATE - US July retail sales to reflect renewed anxiety

* What: Analysts see July same-store sales up 3.1 pct * When: Leading retailers to report on Wed and Thurs * Discounting, delayed back-to-school shopping to hurt * Department, off-price to do best; teen retailers ... (Source: Reuters 2010-08-06T03:53:59Z)

Aviator reaches deal to halt discharge — for now

An Idaho aviator has reached an agreement with the U.S. Air Force to temporarily block his discharge under the "don't ask, don't tell" law that bars openly gay and lesbian military members from service. The ... (Source: AP - msnbc.com 2010-08-16T23:01:45Z)

Medco to acquire United BioSource for $710M

Medco Health Solutions Inc., the largest pharmacy benefits manager by revenue in the United States, has agreed to buy closely held United BioSource Corp. for $730 million in an all-cash deal. Medco operates an automated ... (Source: Ibj.com 2010-08-16T13:57:44Z)

Grotech Ventures Announces Sale of United BioSource to Medco Health

Grotech Ventures, a leading early investor in high-potential technology companies and one of the longest-established firms in the venture industry, announced today that Medco Health Solutions, Inc. has agreed to acquire ... (Source: msnbc.com 2010-08-17T13:56:33Z)

Bryce Harper, Nationals agree to $9.9M deal

Just like last year, the Washington Nationals and agent Scott Boras agreed to a contract for baseball's top draft pick with just a few seconds to spare. Jae C. Hong, File AP Photo FILE - This June 7, 2010 ... (Source: Tacoma News Tribune 2010-08-17T18:14:14Z)

Blue Jays sign 1st-round pick Deck McGuire, 3 other draft choices

TORONTO — The Blue Jays signed first-round draft pick Deck McGuire, agreeing to a minor league contract with a $2 million bonus. McGuire's deal was completed Monday at 11:59 p.m., while second-rounder Griffin Murphy ... (Source: Washington Examiner 2010-08-17T16:41:11Z)

Reynolds buying Hefty maker Pactiv for $4.6 billion

NEW YORK, (Reuters) - New Zealand billionaire Graeme Hart's Reynolds Group Holdings Ltd is buying Pactiv Corp for about $4.6 billion in cash, adding the maker of Hefty trash bags and disposable tableware to ... (Source: CNN Money 2010-08-17T23:07:44Z)

Jays land first-rounder McGuire, three other tough signs

TORONTO - The Toronto Blue Jays landed first-round pick Deck McGuire and three other top selections late Monday night, sneaking the deals through in a mad scramble just ahead of the midnight deadline for signing 2010 ... (Source: TSN 2010-08-17T19:54:27Z)

NFL notes: Brian Westbrook signs 1-year deal with 49ers

The San Francisco 49ers have signed free agent running back Brian Westbrook to a one-year deal, giving Westbrook the second chance he's been seeking. Westbrook has been looking to find a job, visiting several teams in ... (Source: NorthJersey.com 2010-08-17T06:04:06Z)

ANALYSIS-US judges put feet down, stomp regulatory accords

NEW YORK (Reuters) - Federal investigators don't try to bring wrongdoers to justice by concocting "half-baked," "sweetheart" deals in search of a judicial "rubber stamp." But in the last year, U.S. judges have ... (Source: CNN Money 2010-08-17T20:23:05Z)

Intel to buy Texas Instruments cable modem chip group

Intel's legal challenges aren't over. It is still fighting a record $1.45 billion antitrust fine in Europe as well as separate cases in South Korea and New York. The companies did not reveal the terms of the deal in the ... (Source: Local Tech Wire 2010-08-16T13:36:15Z)

Stores find deep discounts not enough

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are ... (Source: Charleston Daily Mail 2010-08-17T22:53:25Z)

Pedroia returns from broken foot

Jon Lester pitched eight scoreless innings and the Boston Red Sox stopped the AL West-leading Texas Rangers 3-1 on a steamy Saturday night. Lester (13-7) was sharp, scattering five hits while striking out five ... (Source: Fresno Bee 2010-08-17T22:53:25Z)

Hefty trash bag maker Pactiv agrees to $4.4 billion takeover by Reynolds Group

LAKE FOREST, Ill. (AP) — Global packaging company Reynolds Group says it's agreed to pay about $4.4 billion for Pactiv , maker of the Hefty brand trash bags. With debt included, the deal is valued at around ... (Source: Chicago Tribune 2010-08-17T13:35:04Z)

Clemson's Parker Signs Major League Deal

WYFF 4.com Clemson baseball star Kyle Parker has signed a major league deal. According to Baseball American executive editor Jim Callis, Parker signed with the Colorado Rockies late Monday night for $1.4 million. Parker ... (Source: msnbc.com 2010-08-17T22:46:15Z)

Summary Box: Reynolds Group to buy Hefty bag maker

THE DEAL: Reynolds Group, part of the global packaging business owned by New Zealand's richest man, says it will pay about $4.4 billion for Hefty bag maker Pactiv. Including debt, the acquisition is valued at around $6 ... (Source: AP - msnbc.com 2010-08-17T20:51:43Z)

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